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Bhutan’s Gelephu, also known as the “Mindfulness City,” has decided to become a true crypto hub. Companies are being offered accelerated licensing, banking access, and near dream-like tax conditions — 0% corporate tax and 0% capital gains tax.
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Former regional director of Binance in Russia and the CIS, as well as co-founder of Blum, Vladimir Smerkis, has been sentenced to 5 years in prison in a large-scale fraud case.
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The U.S. Senate has officially approved crypto supporter Kevin Warsh as Chairman of the Federal Reserve.
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Arthur Hayes believes that Bitcoin has already passed its bottom around the $60,000 range and is now preparing for a new rally.
☠️
A hacker compromised the account of Roaring Kitty, executed a quick pump-and-dump scheme, and earned around $611,000. The founder’s brother may allegedly be behind the attack.
🦅
Russian authorities may ban crypto mining in the central part of the country due to shortages in the power grid — the infrastructure is simply unable to keep up with growing demand.
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The U.S. Senate Banking Committee has published an updated version of the CLARITY bill for crypto market regulation.
🖥
Marathon Digital Holdings reported a quarterly loss of $1.3 billion — nearly 2.5 times higher than a year ago.
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The U.S. Consumer Price Index (CPI), which reflects inflation, rose to 3.8% — compared to 3.3% in the previous month.
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Russia remains one of the key markets for crypto exchanges — in April, 32% of Bybit traffic came from Russia (around 3.67 million visits out of 11.41 million total).
